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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    337 Commerce St San Antonio, TX 78205

    • Retail space
    • 11,702 SF
    • 0.49 lot acres
    For Lease
    View listing
    $30 SF/Yr
    Value Estimations
    $760,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4160676
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Zona / Garden

    Property Details for 337 Commerce St

    Year built
    1958
    Lot size
    0.49 lot acres
    Property size
    11,702 SF
    Property type
    Retail space
    APN
    00105-000-0010
    APU
    1050000010

    Description

    This exceptional 14,000-square-foot retail space is ideally situated at 337 W. Commerce St. in San Antonio, Texas, within the vibrant La Zona Cultural district. Boasting a single-tenant occupancy and a generous 21,344-square-foot lot, this property presents a unique opportunity for businesses seeking high visibility and foot traffic. The building is zoned D, Downtown, and located in Bexar County (zip code 78205). Its prime location places it in close proximity to key landmarks including Main Plaza, San Fernando Cathedral, Plaza De Armas, Market Square, Texas Public Radio HQ, and the Alameda Theater. The property benefits from its central position amidst significant downtown residential and employment activity, including Class A multi-family developments, Frost Tower, the new City of San Antonio main office, and the UTSA School of Data Science, all within walking distance. Further enhancing its appeal is its proximity to the newly completed San Pedro Creek Culture Park Greenway, offering both covered and open-air outdoor dining possibilities. This combination of location, size, and amenities makes this property exceptionally well-suited to attract both local residents and tourists. The entire building is currently vacant, providing a blank canvas for a new tenant to create a thriving business.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $515,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,001,000
      Market price range: $442k - $1.58M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $895,000
      Current use
      RESTAURANT
      $1,160,000
      Change: +30% Conversion: Easy
      MEDICAL BUILDING
      $970,000
      Change: +8% Conversion: Difficult
      OFFICE BUILDING
      $775,000
      Change: -13% Conversion: Easy
      WAREHOUSE, STORAGE
      $740,000
      Change: -17% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4969
    Latitude
    29.4255
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $65,093
    $2,462,930
    $100
    $2,463,030
    -
    $2,462,930
    $100
    $2,463,030

    Comparable in this City

    • Value Estimation
      $1,935,000
      15,001 SF

      300 Houston St

      RETAIL STORES (PERSONAL SERVICES) • 15,001 SF
      300 Houston St, San Antonio, TX 78205-1816
      View Details
    • Value Estimation by Request
      6,844 SF

      328 Houston St

      RETAIL STORES (PERSONAL SERVICES) • 6,844 SF
      328 Houston St, San Antonio, TX 78205-2415
      View Details
    • Value Estimation by Request
      7,500 SF

      128 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 7,500 SF
      128 Jefferson St, San Antonio, TX 78205-1804
      View Details
    • Value Estimation by Request
      1,874 SF

      915 Alamo St

      RETAIL STORES (PERSONAL SERVICES) • 1,874 SF
      915 Alamo St, San Antonio, TX 78205-3438
      View Details
    • Value Estimation by Request
      307 SF

      607 Alamo St

      RETAIL STORES (PERSONAL SERVICES) • 307 SF
      607 Alamo St, San Antonio, TX 78205
      View Details
    • Value Estimation by Request
      797 SF

      1502 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 797 SF
      1502 Commerce St, San Antonio, TX 78205-3324
      View Details

    Similar Nearby for Sale

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      8,404 SF

      Riverwalk Retail Space For Sale

      Prime Riverwalk retail space with flexible zoning and ADA access.
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    Similar Nearby for Lease

    • $24 SF/Yr
      2,205 SF

      Retail Space with High Visibility

      Retail space with off-street parking and easy highway access.
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      View Details
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      Corner Retail Space Available

      Two-story retail building with valet parking and rooftop access.
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    • $23 SF/Yr
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      Prime Retail Space Available

      Modern retail space with high visibility and strong foot traffic.
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      Retail Space in San Antonio

      Retail space available for lease in San Antonio, Texas.
      707-721 S Saint Marys St, San Antonio, TX 78205
      View Details
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      4,000 SF

      Downtown Retail/Restaurant/Bar Space Available

      Prime downtown location near USAA campus and luxury residences.
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      View Details
    • Contact for pricing
      2,000 SF

      Retail Space on Alamo Street

      Retail space available for rent in San Antonio, Texas.
      910 S Alamo St, San Antonio, TX 78205
      View Details
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    337 Commerce St
    San Antonio, TX 78205
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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